Middlefield Canadian Income
Yesterday I received an email from Hargreaves Lansdown saying that by Monday midday I must decide whether I wanted to take the new ETF shares or opt for cash. I see that those taking cash must bear all the costs of the reconstruction (£950,000), which seems unreasonable. The effect of those costs on a single shareholder will depend on how many people opt for cash. I am not clear whether I would do better to accept the ETF shares and then sell them. Any suggestions?
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